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Boom for Nippon Steel on China clean air push

Bloomberg China’s push for better air quality is proving a bonanza for global steelmakers. Nippon Steel & Sumitomo Metal Corp., Japan’s biggest producer, enjoyed a nine-fold surge in first-half profit as China’s crackdown on pollution and bloated industrial capacity lifted prices to the highest level in more than five years. Posco, the largest Korean mill, said it expected to reap ...

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Nissan inspection affair reflects a cultural crisis

Bloomberg Nissan Motor Co. conducted vehicle inspections that don’t comply with Japanese regulations for almost four decades, raising questions about the company’s internal controls. The company’s manufacturing division likely will take responsibility for the process, according to a person familiar with the situation who asked not to be identified because the information isn’t public. The regimen, which the government deemed ...

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Singaporeans ready to work for longer as 70 becomes the new 60

Bloomberg Singaporeans on the verge of retiring are prepared to keep working for longer than those that came before them. Men aged 55 to 59 had far greater expectations to work full-time past 65 and 70 than employees currently are, while women had higher such projections beyond 62, 65, and 70, according to the latest survey by the Singapore Management ...

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